Stocks ended lower Thursday, with a slide in tech shares leading the way, as investors sifted through corporate earnings and weekly data on jobless claims....
Stocks ended lower Thursday, with a slide in tech shares leading the way, as investors sifted through corporate earnings and weekly data on jobless claims. The Dow Jones Industrial Average DJIA, -1.30% fell around 35 points, or 1.1%,to close near 26,652, according to preliminary figures, while the S&P 500 SPX, -1.
23% dropped around 40 points, or 1.2% to finish near 3,236. The tech-heavy Nasdaq Composite COMP, -2.28% slid around 245 points, or 2.3%, closing near 10,461. Government data showed 1.42 million Americans filed for first-time unemployment benefits last week, a rise of 109,000 from the previous week and the first rise of those seeking benefits since late March.
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